Student Loan Debt News

Collections & Recovery

Debt collectors work with universities, colleges and private lenders to collect student loans. For education loans backed by the federal government, the U.S. Department of Education has a clearly-defined collection program that uses private collection agencies. Recent changes in federal law will shift all previously federally backed loans to direct loans from the federal government, cutting private lenders out of the equation.

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Navient’s $2.5M TCPA Settlement Finalized

11 February 2019

ED Cancels Latest Phase of NextGen Procurement; Expert Reaction with Randy Kamm

10 January 2019

FTC Settles With Two Student Loan Debt Relief Companies Over Illegal Upfront Fees and False Promises

10 December 2018

Student Debt Front and Center at Consumer Federation of America Conference

6 December 2018

Federal Law Preempts DC Licensing Requirements for Certain Types of Federal Student Loans, According to District of DC

6 December 2018

Former BCFP Student Loan Ombudsman Launches Student Borrower Protection Center

29 November 2018

DeVos Speech Warns of Student Debt Crisis, Addresses Issues with Federal Student Aid Program

28 November 2018

New York Fed Report Shows Decline in Collection Accounts... Or Does It?

20 November 2018

Report Shows Profile of Borrowers Who are Likely to Default on Student Loan Debt

2 October 2018

Federal SBA Mentoring Program Teleseminar to Feature SDVOSBs / HUBZone Protégé Options

19 September 2018

Dept. of ED: Why Proceed With a Procurement for Services that are Going the Way of the Dodo?

13 September 2018

Oral Arguments Scheduled in Dept. of ED Debt Collection Contract Protest

3 August 2018

CRA, Collection Agency Prevail in June FCRA Case

19 July 2018

Performant Reports Q1 Earnings; Offers Take on ED Contract Cancellation

10 May 2018

It's Not Over; Would-Be ED Debt Collection Contractors Continue the Fight

9 May 2018

BREAKING: ED Cancels Contested Debt Collection Solicitation

3 May 2018

ED’s Pending PCA Small Biz Set Aside: More Litigation?

2 May 2018

All Parties Now Look to May 4 For Answer in Dept of ED Debt Collection Litigation Round Two

16 April 2018

Judge Says Plaintiffs in ED Case Likely to Succeed on Merits of Protest

7 March 2018

DeVos to Assert that Only Department of ED, Not States, Can Regulate Student Loan Servicers

27 February 2018